College Students Doubt They Will Ever Pay Off Student Loans

Charisse Jones, in a May 29, 2019 USA Today article, reports that college students are not optimistic they will ever be able to pay off their student loans.

Many young consumers are facing more financial stress than previous generations. Credit unions need to be managing the risk in their loan portfolios with effective tools that price loans for risk and that keep managers aware of the growing risk in existing loan portfolios.

TCT Risk Solutions provides clients stochastically-derived risk management services such as its Credit Migration tool and Risk Based Loan Pricing tool.